0001193125-11-137423.txt : 20110512 0001193125-11-137423.hdr.sgml : 20110512 20110512144314 ACCESSION NUMBER: 0001193125-11-137423 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110512 DATE AS OF CHANGE: 20110512 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Virtus Investment Advisers, Inc. CENTRAL INDEX KEY: 0000019481 IRS NUMBER: 042453743 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-86075 FILM NUMBER: 11835339 BUSINESS ADDRESS: STREET 1: 100 PEARL STREET CITY: HARTFORD STATE: CT ZIP: 06103 BUSINESS PHONE: 800-248-7971 MAIL ADDRESS: STREET 1: 100 PEARL STREET CITY: HARTFORD STATE: CT ZIP: 06103 FORMER COMPANY: FORMER CONFORMED NAME: PHOENIX INVESTMENT COUNSEL INC DATE OF NAME CHANGE: 19920929 FORMER COMPANY: FORMER CONFORMED NAME: PHOENIX INVESTMENT COUNSEL OF BOSTON INC DATE OF NAME CHANGE: 19600201 FORMER COMPANY: FORMER CONFORMED NAME: CHASE JOHN P INC DATE OF NAME CHANGE: 19600201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Virtus Investment Advisers, Inc. CENTRAL INDEX KEY: 0000019481 IRS NUMBER: 042453743 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 100 PEARL STREET CITY: HARTFORD STATE: CT ZIP: 06103 BUSINESS PHONE: 800-248-7971 MAIL ADDRESS: STREET 1: 100 PEARL STREET CITY: HARTFORD STATE: CT ZIP: 06103 FORMER COMPANY: FORMER CONFORMED NAME: PHOENIX INVESTMENT COUNSEL INC DATE OF NAME CHANGE: 19920929 FORMER COMPANY: FORMER CONFORMED NAME: PHOENIX INVESTMENT COUNSEL OF BOSTON INC DATE OF NAME CHANGE: 19600201 FORMER COMPANY: FORMER CONFORMED NAME: CHASE JOHN P INC DATE OF NAME CHANGE: 19600201 SC 13G 1 dsc13g.htm VIRTUS INVESTMENT ADVISERS, INC. Virtus Investment Advisers, Inc.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. n/a)*

 

 

Consumer Discretionary Select Sector SPDR

(Name of Issuer)

 

 

EXCHANGE TRADED FUND

(Title of Class of Securities)

81369Y407

(CUSIP Number)

March 31, 2011

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

x Rule 13d-1(b)

¨ Rule 13d-1(c)

¨ Rule 13d-1(d)

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this coverage page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

CUSIP No. 81369Y407

 

    1.      Names of Reporting Persons         
    Virtus Investment Advisers, Inc.         
            04-2453743         
    2.      Check the appropriate box if a member of a group (see instructions)         
    (a)                   (b)                   
    3.      SEC use only         
    4.      Citizenship of Place of Organization

a Massachusetts corporation.

   

  

      
 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH

REPORTING
PERSON WITH:

                5.    SOLE VOTING POWER            
     

4,664,051 ** See Note 1 **

            
               6.   

 

SHARED VOTING POWER

            
     

0

            
               7.   

 

SOLE DISPOSITIVE POWER

            
     

4,664,051 ** See Note 1 **

            
               8.   

 

SHARED DISPOSITIVE POWER

            
     

0

            
    9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

   

 

      
            4,664,051 ** See Note 1 **         
    10.      CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See instructions)         		           
    11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)         
   

 

        7.71%

 

  

      
    12.      TYPE OF REPORTING PERSON (SEE INSTRUCTIONS

 

   

 

      
            IA         

CUSIP No. 81369Y407

 

1.

         Names of Reporting Persons     
        Virtus Opportunities Trust, on behalf of Virtus AlphaSector Rotation Fund     
           

Virtus Premium AlphaSector Fund

Virtus Allocator Premium AlphaSector Fund

Virtus Global Premium AlphaSector Fund

  

  

  

         65-1263085     

2.

         Check the appropriate box if a member of a group (see instructions)   
        (b)                   (b)               

3.

         SEC use only     

4.

        

 

 Citizenship of Place of Organization

a Delaware statutory trust.

   

  

  
 

NUMBER OF
     SHARES    

BENEFICIALLY
OWNED BY EACH    

REPORTING
PERSON WITH:    

         5.       SOLE VOTING POWER     
             a.    Virtus AlphaSector Rotation Fund        1,399,960   
             b.    Virtus Premium AlphaSector Fund        3,139,000   
             c.    Virtus Allocator Premium AlphaSector Fund        1,780   
             d.    Virtus Global Premium AlphaSector Fund        1,620   
        6.      

 

SHARED VOTING POWER

     
        

0

     
        7.      

 

SOLE DISPOSITIVE POWER

     
             a.    Virtus AlphaSector Rotation Fund        1,399,960   
             b.    Virtus Premium AlphaSector Fund        3,139,000   
             c.    Virtus Allocator Premium AlphaSector Fund        1,780   
             d.    Virtus Global Premium AlphaSector Fund        1,620   
        8.      

 

SHARED DISPOSITIVE POWER

     
        

0

     

1.

         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   
                a.       Virtus AlphaSector Rotation Fund      1,399,960     
                b.       Virtus Premium AlphaSector Fund      3,139,000     
                c.       Virtus Allocator Premium AlphaSector Fund      1,780     
                d.       Virtus Global Premium AlphaSector Fund      1,620     

2.

        

 

 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

(See instructions)         

   

  

3.

         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)     
                a.       Virtus AlphaSector Rotation Fund      2.31%     
                b.       Virtus Premium AlphaSector Fund      5.19%     
                c.       Virtus Allocator Premium AlphaSector Fund      0.0029%     
                d.       Virtus Global Premium AlphaSector Fund      0.0027%     
            Total      7.5080%     

 
  4.    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)      
        IV         

ITEM 1:

   (a)    Name of Issuer      
     Consumer Discretionary Select Sector SPDR      
  (b)    Address of Issuer’s Principal Executive Offices      
       

60 Wall Street

New York, NY 10005

      

ITEM 2:

           
  (a)    Name of Person(s) Filing      
     1.    VIRTUS INVESTMENT ADVISERS, INC.      
     2.    VIRTUS OPPORTUNITIES TRUST, on behalf of      
          

VIRTUS ALPHASECTOR ROTATION FUND

VIRTUS PREMIUM ALPHASECTOR FUND

VIRTUS GLOBAL PREMIUM ALPHASECTOR FUND

VIRTUS ALLOCATOR PREMIUM ALPHASECTOR FUND

      
  (b)    Address of Principal Business Office or, if none, Residence      
     1.   

100 PEARL STREET, 8th FLOOR

HARTFORD, CT 06103

      
     2.   

101 MUNSON STREET

GREENFIELD, MA 01301

      
  (c)    Citizenship      
     1.    IS A MASSACHUSETTS CORPORATION      
     2.    IS A DELAWARE STATUTORY TRUST      
  (d)    Title of Class of Securities      
        EXCHANGE TRADED FUND      
  (e)    CUSIP Number      
        81369Y407      

ITEM 3:

   If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:      
  (a)    ¨    Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).   
  (b)    ¨    Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).   
  (c)    ¨    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).   
  (d)    x    Investment company registered under section 8 of the Investment Company Act of 1940
(15 U.S.C. 80a-8).		   
  (e)    x    An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);   
  (f)    ¨    An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);   
  (g)    ¨    A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);   
  (h)    ¨    A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act
(12 U.S.C. 1813);		   
  (i)    ¨    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);    

(j)    ¨   A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);      
(k)    ¨   A group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:      

ITEM 4:    

   OWNERSHIP.      
     ** Note 1 **      
     Virtus Investment Advisers, Inc., an investment adviser registered under Section 203 of the Investment Advisers Act of 1940, as amended, furnishes investment advice and/or serves as investment manager to a number of investment companies, including that/those listed herein, as well as certain separate accounts (collectively, the “Funds”). In its role as investment adviser and/or manager, Virtus Investment Advisers, Inc. possesses voting and/or investment power over the securities of the Issuer that are owned by the Funds, and may be deemed to be the beneficial owner of the shares of the Issuer held by the Funds. However, all securities reported on this Schedule 13G are owned by the Funds. Virtus Investment Advisers, Inc. disclaims beneficial ownership of such securities, and the filing of this Schedule 13G shall not be construed as an admission that the reporting person (or any of its affiliates) is the beneficial owner of any securities covered by this Schedule 13G for any purpose other than compliance with Section 13 of the Securities Exchange Act of 1934, as amended.      
   (a)   Amount beneficially owned:             4,664,051 ** See Note 1 **      
   (b)   Percent of class:   7.13      
   (c)   Number of shares as to which the person has:      
     (i)    Sole Power to vote or to direct the vote:             4,664,051 ** See Note 1 **      
     (ii)    Shared power to vote or to direct the vote:   0      
     (iii)    Sole power to dispose or to direct the disposition of:   4,664,051 ** See Note 1 **      
     (iv)    Shared power to dispose or to direct the disposition of:   0      
ITEM 5:       OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS      
     If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following         .      
     NOT APPLICABLE      
ITEM 6:       OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.      
     The Funds described in Note 1 have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of the securities held in their respective accounts. To the knowledge of Virtus Investment Advisers, Inc., the interest of no single such fund exceeds 5% of the class of securities. Virtus Investment Advisers, Inc. disclaims beneficial ownership of all such securities.      
ITEM 7:       Identification and Classification of the Subsidiary which acquired the security being reported on by the parent holding company.      
     NOT APPLICABLE      
ITEM 8:       Identification and classification of members of the group.      
     NOT APPLICABLE   
ITEM 9:       Notice of Dissolution of Group   
     NOT APPLICABLE      

ITEM 10: CERTIFICATION

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participate in any transaction having that purpose or effect.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and believe, I certify that the information set forth in this statement is true, complete and correct.

VIRTUS INVESTMENT ADVISERS, INC.

 

By:   /s/ Kevin J. Carr   Date:    May 11, 2011
  Name: Kevin J. Carr  
  Title: Vice President and Clerk  

VIRTUS OPPORTUNITIES TRUST

 

By:   /s/ Kevin J. Carr   Date:    May 11, 2011
  Name: Kevin J. Carr  
  Title: Secretary  

EXHIBIT A

AGREEMENT

JOINT FILING OF SCHEDULE 13G

Virtus Investment Advisers, Inc. (an investment adviser registered under the Investment Advisers Act of 1940) , and Virtus Opportunities Trust (on behalf of Virtus AlphaSector Rotation Fund, Virtus Premium AlphaSector Fund, Virtus Global Premium AlphaSector Fund, and Virtus Allocator Premium AlphaSector Fund) a Delaware statutory trust, hereby agree to file jointly the statement on Schedule 13G to which this Agreement is attached, and any amendments thereto which may be deemed necessary, pursuant to Regulation 13D-G under the Securities Exchange Act of 1934.

It is understood and agreed that each of the parties hereto is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein, but such party is not responsible for the completeness or accuracy of information concerning the other party unless such party knows or has reason to believe that such information is inaccurate.

It is understood and agreed that a copy of this Agreement shall be attached as an exhibit to the statement on Schedule 13G, and any amendments thereto, filed on behalf of each of the parties hereto.

 

Dated:    May 11, 2011     Dated:    May 11, 2011
VIRTUS OPPORTUNITIES TRUST     VIRTUS INVESTMENT ADVISERS, INC.
On behalf of    
VIRTUS ALPHASECTOR ROTATION FUND    
VIRTUS PREMIUM ALPHA SECTOR FUND    
VIRTUS GLOBAL PREMIUM ALPHASECTOR FUND    
VIRTUS ALLOCATOR PREMIUM ALPHASECTOR FUND    

 

By:

  

/s/ Kevin J. Carr

     

By:

  

/s/ Kevin J. Carr

 

Kevin J. Carr

       

Kevin J. Carr

 

Secretary

       

Vice President and Clerk